Undervalued Stocks Based on AI: Returns up to 21.05% in 3 Days

Undervalued Stocks

Undervalued Stocks: This algorithmic forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:

  • access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
  • ownership of more than 10% of the company’s equity

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Days (11/17/23 – 11/20/23)
I Know First Average: 7.81%
Undervalued Stocks
Undervalued Stocks chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Insider Trades Package for this 3 Days forecast. The highest trade return came from KIRK, at 21.05%. Other notable stocks were M and SID with a return of 12.23% and 12.12%. The package saw an overall yield of 7.81% versus the S&P 500’s return of 0.87% implying a market premium of 6.94%.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.